THE financial services sector was unexpectedly buoyant in the three months to early September, but faces declining business volumes, income and profitability in the coming quarter in the wake of the credit crunch, according to the latest CBI / PricewaterhouseCoopers LLP Financial Services Survey.
Two in five survey respondents said their business volumes had grown in the three months to September, while 17pc reported a decrease. This compared with a net balance of +51pc recorded in June. In the...
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